๐ธA decentralized cross-rollup bridge, which is the infrastructure of Layer 2
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Ethereum core developers have postponed the Glamsterdam network upgrade on the Hoodi testnet, which had been scheduled for October 26, 2026 at 17:42:48 UTC (epoch 132,352). The decision, made at ACDE #248 per the Ethereum Foundation, came after questions about how EIP-8037 โ which increases and separately meters the cost of creating chain state โ interacts with existing mainnet smart contracts.
Orbiter unveiled its OBT governance and staking token, with the TGE and initial airdrop (40% of supply) taking place on January 20, 2025. OBT launched on Ethereum, Arbitrum, and Base.
Following the OKX Ventures investment, Orbiter Finance announced Orbiter Rollup, a zero-knowledge-proof-powered 'meta-layer' for transferring assets and data across all Layer 2 solutions.
OKX Ventures led a strategic investment in Orbiter Finance's decentralized cross-Layer 2 protocol. Finsmes reported the raise on Jan 24, 2024.
Attackers (linked to scammer Pink Drainer) breached Orbiter Finance's Discord server and posted a fraudulent airdrop link that drained users' wallets. The team warned users and later developed a compensation plan for affected users.
The decentralized cross-rollup bridge project was officially launched in April 2021. Its core contracts have run since 2021 with no contract exploit, and it was audited by SlowMist.